Here are Cryptocurrencies that could rally toward the end of August
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Summary:Bitcoin technical indicators on the weekly charts show a potentially significant price drop in the coming weeks or months. The moving averages have fo

The Bitcoin performance indicators in the weekly data chart indicate that the price of Bitcoin may continue to decline in the coming weeks or months. The moving average system constitutes a bullish crossover and may attract many empty orders in the next few days.

However, if the previous market price is very worthy of reference, then Bitcoin is likely to attract empty orders unexpectedly. It can be quickly assumed that Bitcoin is either at the bottom or very close. This means that the pump may appear in the foreseeable future.

It also means that now is the best time to start purchasing altcoin with high development potential. In the case of Bitcoin surprise pump, altcoin is likely to be better. If you are in the altcoins market now, there are still some good ones. If Bitcoin rebounds in the remaining days of August, it is likely to cause profits.

Shiba Inu(SHIB)

Shiba Inu (SHIB) is one of the cryptocurrencies that performed well before, and it is still one of the cryptocurrencies that care about the high development potential in the future. Recently, when many people pay in SHIB, they will release a lighting effect, which means that this kind of cryptocurrency is relatively highly deflationary at present.

In addition, Shiba Inu is one of the low-cost cryptocurrencies in the market today. It is very attractive for small investors who may not have money to invest in Bitcoin, Ethereum and other cryptocurrencies. If Bitcoin rebounds at the end of the month, SHIB is one of the top cryptocurrencies that will benefit the most.

ETH

ETH will continue to pay attention to investors during the rest of August and most of the period in early September. This is mainly because of the upcoming merger of Ethereum. Many people predict that the merger will cause Ethereum to rebound. Therefore, if Bitcoin rebounds at the end of the month, Ethereum may easily win. There is a very high probability that Ethereum will increase its price by 2000 dollars at the end of the month.

Ethereum Tradition (ETC)

The Ethereum Tradition (ETC) has been in a dormant mode for many years, but in recent weeks, it has gradually shown a very big trend. All this is due to the idea that it can benefit from the flow of Ethereum mining, which will become unnecessary due to merger. The expectation that mining will be converted to ETC after the merger may promote investors to convert to ETC around the merger.

Irregular figure (MATIC)

Polygon (MATIC) is one of the cryptocurrencies closely integrated with Ethereum, and will benefit from the merger of Ethereum. This is mainly because the merger of Ethereum will cause Ethereum to rely heavily on the second level solutions such as Polygon. If the merger is successful, investors who expect to make profits from buying and selling in other franchise stores can start to buy Polygon.

The sales volume of Polygon has been increasing, which indicates that investors may invest in MATIC at this stage. If this trend persists, MATIC can be regarded as the top cryptocurrency worth noting as we approach the end of the month.

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